The Fraser Institute's annual survey of mining companies
(PresseBox) - It looks at exploration spending and which countries are particularly attractive to the mining community.
Nearly 300 mining companies participated in the survey, evaluating 86 jurisdictions. A general attractiveness index is then compiled by the Fraser Institute, taking into account geological attractiveness as well as the underlying policies, taxes, infrastructure, environmental regulations, political stability, and so forth of the countries. Utah emerged as the top jurisdiction, displacing Nevada, which was first in the previous survey, to second place. Saskatchewan reclaimed the third position. Following them are Western Australia, Quebec, Manitoba, Arizona, Northern Territory, Newfoundland, Labrador, and Ontario. In 2022, Utah, Manitoba, and Ontario were not among the top ten. Canada dominates the top ten positions in terms of jurisdictions. Niger occupies the last position, and similarly, China, Argentina, Bolivia, Zimbabwe, Senegal, Kazakhstan, and Cambodia are rated as less attractive. Four of the bottom-ten countries are in Africa.
Besides geological and economic considerations, the political climate of a region is crucial for investment decisions. For Canada, the mining industry is a significant economic factor, with Canadian mining companies operating globally. The goal of the Fraser survey is to highlight to governments that policies related to mining need improvement. Drawing investments into the country is essential for enhancing economic productivity and employment. Among the companies operating in the top-ranked countries according to the Fraser survey are IsoEnergy and Karora Resources.
IsoEnergy - https://www.commodity-tv.com/ondemand/companies/profil/isoenergy-ltd/ - holds uranium projects in the Athabasca Basin in Saskatchewan and the United States.
Karora Resources - https://www.commodity-tv.com/ondemand/companies/profil/karora-resources-inc/ - produces gold in two gold mines in Western Australia.
For current company information and press releases from Karora Resources (- https://www.resource-capital.ch/en/companies/karora-resources-inc/ -) and IsoEnergy (- https://www.resource-capital.ch/en/companies/iso-energy-ltd/ -).
According to §34 WpHG, I would like to point out that partners, authors, and employees may hold shares in the companies mentioned and therefore a possible conflict of interest may exist. No guarantee is given for the translation into German. Only the English version of this news is valid.
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Unternehmensinformation / Kurzprofil:
Datum: 28.05.2024 - 12:59 Uhr
Sprache: Deutsch
News-ID 706182
Anzahl Zeichen: 4093
contact information:
Contact person: Jörg Schulte
Town:
Herisau
Phone: +49 (2983) 974041
Kategorie:
Financial Services & Insurance
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